Lack Of Protection Is Significantly Impacting UK Business
UK businesses are being hindered by a lack of effective sickness absence management, despite over half (53%) of employers believing they’re well equipped to deal with long-term absence, according to a new Aviva report.
Aviva’s annual absence management report, conducted to uncover and offer solutions to key issues affecting employer and employees, reveals the immediate impact an absent employee can have on the workplace if adequate support isn’t in place:
- 40% of employers say someone else has to pick up the work
- 27% say productivity falls
- Nearly a quarter (22%) believe it impacts the business financially
- 21% say service standards suffer
Furthermore, the report reveals that 17% of employers are seeing other members of staff go off sick when their colleagues are off long-term.
In a bid to keep sickness absence levels down, over a third (37%) of employers say they encourage employees to have a good work-life balance, while one in five (22%) offer private medical insurance.
Just 13% say they offer group income protection which, alongside financial protection, would provide crucial rehabilitation support to help employees back to their roles as quickly as possible.
There is some evidence that employers understand the benefit of early intervention in sickness management, with one in five (20%) providing staff training to help them spot the signs of stress. However, over a third of employers (34%) still rely on employees to tell them when they are unwell.
The report reveals that sickness absence is a significant worry for employees too. Half the employees taking part in the research state that their key concern, behind their recovery (61%), is making ends meet if they were absent from work.
In addition to benefits such as group income protection, 52% of employees would like flexible working hours and 41% want as much time off as possible to help accommodate and assist with their recovery. A third of employees would like the flexibility to build their hours up and 35% want to know they have a regular income if they are off sick.
Steve Bridger, head of group risk at Aviva UK Health says:
"Sickness absence not only has a knock on effect to other employees, but adds to the business concerns of employers as a whole.
"While it is encouraging that employers are implementing preventative measures to help them control the effects of sickness absence, take-up of one of the most effective solutions - group income protection - is still relatively low.
"Many of the challenges employers and employees face as a result of sickness absence can be addressed by group income protection. In addition to offering employers financial support, employees can receive a partial benefit if they make a staged return to work, while accessing a wide range of rehabilitation support to help aid their recovery."